# ASC 325-30-50: Investments—Other — Investments in Insurance Contracts — 50 Disclosure Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/325/30/#50-disclosure) Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective. Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure. Source downloaded (UTC): 2026-09-09T23:44:17.783Z to 2026-09-09T23:44:17.783Z Record version: sha256:8179c833ee88977d5b66804cfb962c77b1a08948533f3118053c6ad458344db0 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 325-30-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/325/30/#50-disclosure) SEC content: no ##### [325-30-50-1](https://asc.understandingaccounting.org/asc/325/30/#325-30-50-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:44:17.783Z to 2026-09-09T23:44:17.783Z Record version: sha256:3c1aaf7b6c9d058efc09addef82400816c9e04ba8889fe564dcbc46ea11deefc Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. A policyholder shall disclose contractual restrictions on the ability to surrender a policy. ### Life Settlement Contracts ##### [325-30-50-2](https://asc.understandingaccounting.org/asc/325/30/#325-30-50-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:44:17.783Z to 2026-09-09T23:44:17.783Z Record version: sha256:a360eb8a7e5ce3c2120a5f60e9c8ee99f340d44c06c9f1beb14af1dd72a2b980 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An investor shall disclose its accounting policy for [life settlement contracts](https://asc.understandingaccounting.org/glossary/l/#life-settlement-contract "A life settlement contract is a contract between the owner of a life insurance policy (the policy owner) and a third-party investor (investor), and has all of the following characteristics: The investor does not have an insurable interest (an interest in the survival of the insured, which is required to support the issuance of an insurance policy). The investor provides consideration to the policy owner of an amount in excess of the current cash surrender value of the life insurance policy. The contract pays the face value of the life insurance policy to an investor when the insured dies."), including the classification of cash receipts and cash disbursements, in the statement of cash flows. ##### [325-30-50-3](https://asc.understandingaccounting.org/asc/325/30/#325-30-50-3) Pending content: no Source downloaded (UTC): 2026-09-09T23:44:17.783Z to 2026-09-09T23:44:17.783Z Record version: sha256:f2a30aaad22c59e22e9df91053469f3798af684fb68ec32da81109ae95e4bb61 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The disclosure requirements in this Subsection do not eliminate disclosure requirements included in other Topics, including other disclosure requirements on the use of fair value. #### Investment Method ##### [325-30-50-4](https://asc.understandingaccounting.org/asc/325/30/#325-30-50-4) Pending content: no Source downloaded (UTC): 2026-09-09T23:44:17.783Z to 2026-09-09T23:44:17.783Z Record version: sha256:6adbce3e1f1e936010360085f4571ec2c5776ffa665c0f2a5cec46e9d3924bff Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An investor shall disclose all of the following for life settlement contracts accounted for under the investment method based on the remaining life expectancy for each of the first five succeeding years from the date of the statement of financial position and thereafter, as well as in the aggregate: 1. a The number of life settlement contracts 2. b The carrying value of the life settlement contracts 3. c The face value (death benefits) of the life insurance policies underlying the contracts. ##### [325-30-50-5](https://asc.understandingaccounting.org/asc/325/30/#325-30-50-5) Pending content: no Source downloaded (UTC): 2026-09-09T23:44:17.783Z to 2026-09-09T23:44:17.783Z Record version: sha256:1a1cbb91f41f4f178ca274c8edc24d89bba68d510f677a95f779e850a72e2d1c Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An investor shall disclose the life insurance premiums anticipated to be paid for each of the five succeeding fiscal years to keep the life settlement contracts in force as of the date of the most recent statement of financial position presented. ##### [325-30-50-6](https://asc.understandingaccounting.org/asc/325/30/#325-30-50-6) Pending content: no Source downloaded (UTC): 2026-09-09T23:44:17.783Z to 2026-09-09T23:44:17.783Z Record version: sha256:b3aca283e51ce46be96f797927dcd283a3facd8b743eecdf904fd12794440eb1 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If the investor becomes aware of new or updated information that causes it to change its expectations on the timing of the realization of proceeds from the investments in life settlement contracts, the investor shall disclose the nature of the information and the related effect on the timing of the realization of proceeds from the life settlement contracts. This includes disclosing significant changes to the amounts disclosed in accordance with paragraph [325-30-50-4](https://asc.understandingaccounting.org/asc/325/30/#325-30-50-4). However, an investor shall not be required to actively seek out new or updated information to update the assumptions used in determining the remaining life expectancy of the life settlement contracts. #### Fair Value Method ##### [325-30-50-7](https://asc.understandingaccounting.org/asc/325/30/#325-30-50-7) Pending content: no Source downloaded (UTC): 2026-09-09T23:44:17.783Z to 2026-09-09T23:44:17.783Z Record version: sha256:884d7179e04ac859933b5556abe26c8babcda635f17d80430d4fe9f936cb365d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An investor shall disclose the method(s) and significant assumptions used to estimate the fair value of investments in life settlement contracts, including any mortality assumptions. ##### [325-30-50-8](https://asc.understandingaccounting.org/asc/325/30/#325-30-50-8) Pending content: no Source downloaded (UTC): 2026-09-09T23:44:17.783Z to 2026-09-09T23:44:17.783Z Record version: sha256:6ddd1cf91244f2acdcbcd2c1d0bb7d3d8689794754ddc4985d9e6993d842c4ef Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An investor shall disclose all of the following for life settlement contracts accounted for under the fair value method based on remaining life expectancy for each of the first five succeeding years from the date of the statement of financial position and thereafter, as well as in the aggregate: 1. a The number of life settlement contracts 2. b The carrying value of the life settlement contracts 3. c The face value (death benefits) of the life insurance policies underlying the contracts. ##### [325-30-50-9](https://asc.understandingaccounting.org/asc/325/30/#325-30-50-9) Pending content: no Source downloaded (UTC): 2026-09-09T23:44:17.783Z to 2026-09-09T23:44:17.783Z Record version: sha256:f1a9a781cf1a636da548b219779eda9f26f1c8d5c89eb344e433a990beee2436 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The investor shall disclose the reasons for changes in its expectation of the timing of the realization of the investments in life settlement contracts. This includes disclosing significant changes to the amounts disclosed in accordance with paragraph [325-30-50-8](https://asc.understandingaccounting.org/asc/325/30/#325-30-50-8). ##### [325-30-50-10](https://asc.understandingaccounting.org/asc/325/30/#325-30-50-10) Pending content: no Source downloaded (UTC): 2026-09-09T23:44:17.783Z to 2026-09-09T23:44:17.783Z Record version: sha256:de34aefacd88a572b146498e37245b7b235ba8311c26933eb83c228629e8c082 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An investor shall disclose both of the following for each reporting period presented in the income statement: 1. a The gains or losses recognized during the period on investments sold during the period 2. b The unrealized gains or losses recognized during the period on investments that are still held at the date of the statement of financial position.